The price of Super gas at $ 3 results in a subsidized State

Jaime Nebot, mayor of Guayaquil, and analyst Walter Spurrier do not understand the reason for the $ 3 value of the new Super gaswith a higher octane rating.

Spurrier said yesterday that the with this new price for Super gas with a higher octane rating, the State would pass from a subsidizer to a subsidized. The economic analyst wondered if that calculation was not a “hiding a tax.”

Nebot mentions the US market and says that there, gas whose indicators are a reference to Ecuador, “costs considerably less.” “Beware of what is going to happen now, the subsidizer State will now become a subsidized government,” said the mayor. According to Nebot, if the cost of 93 octane – Super gas increases to three dollars, “citizenspass from receiving financial support, from receiving a subsidy, to take money out of their pockets to subsidize the government, paying more for a product that is cheaper in the international market and that is not right nor fair.”

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8573519&idcat=38269&tipo=2